Is Gates Industrial (GTES) overvalued or fairly valued?

MarketChacha shows Gates Industrial's valuation in context — a trailing P/E of about 19.9, a forward P/E of about 14.7, a price-to-book of about 2.1 — alongside its revenue and profit growth and whether reported profit converts into operating cash, so you can judge value for yourself. MarketChacha does not issue ratings, price targets, or buy/sell advice.

Does Gates Industrial's reported profit turn into cash?

Over 3 years, operating cash flow fully covered reported profit — earnings are backed by real cash. MarketChacha computes this cash-conversion check (1.97×) from reported figures — education, not a rating.

What is Gates Industrial's revenue?

Gates Industrial reported revenue of $3.4B for FY2025, with net profit of $251.4M, per official filings.

What is the share price of Gates Industrial (GTES)?

Gates Industrial last traded at $28.40 (+0.5% on the day), as of 8/10/2026 — a delayed quote shown for education, not investment advice.

Gates Industrial

GTES · NYSE · Industrials · United States

Snapshot

TickerGTES

ExchangeNYSE

SectorIndustrials

IndustrySpecialty Industrial Machinery

CountryUnited States

Employees13,000

HeadquartersDenver, United States

Websitewww.gates.com/us/en.html

Filings tracked13

About Gates Industrial

Gates Industrial Corporation Ltd. manufactures and sells engineered power transmission and fluid power solutions in the United States, rest of North America, South America, the United Kingdom, Luxembourg, rest of Europe, the Middle East, Africa, India, East Asia, and Greater China. It operates through two segments, Power Transmission and Fluid Power. The company offers solutions for stationary and mobile drives, engine systems, and personal mobility application platforms; elastomer drive belts; asynchronous and synchronous belts, including V-belts, transmission belts, and micro-V belts; metal drive components, such as tensioners, idlers, pulleys, sprockets, mechanical water pumps, and other accessories used in belt drive systems; and kits for the automotive replacement channel. It also provides fluid power solutions for stationary and mobile hydraulics, vehicle systems, and other industrial application platforms; hydraulics comprising hoses, tubing, couplings, and fittings, as well as assemblies; thermal and emissions management and related products; and industrial hoses, including data center pumps. The company's products are used in applications across various markets, including diversified industrial applications comprising automated manufacturing, logistics systems, and data centers; consumer applications consisting of printers, power washers, automatic doors, and vacuum cleaners; industrial off-highway, such as construction and agriculture; industrial on-highway commercial vehicles, including heavy-duty trucks and buses; energy and resources markets, such as oil, gas, and mining; and personal mobility, including scooters, motorcycles, bicycles, all-terrain vehicles, and snowmobiles. It sells its products under the Gates brand. The company offers its products to aftermarket channel customers and original equipment manufacturers. Gates Industrial Corporation Ltd. was founded in 1911 and is headquartered in Denver, Colorado.

Who owns it

Insiders2.0%
Institutions98.0%
Public & other0.0%

538 institutional holders

Ownership breakdown from public market data.

Top holders

High Note Wealth, LLC0.00%
Eversource Wealth Advisors, Llc0.00%
Creative Capital Management Investments LLC0.00%
Bare Financial Services, Inc0.00%
Certuity, LLC0.00%
Bruce G. Allen Investments, LLC0.00%
Parallel Advisors, LLC0.00%
Rothschild Investment LLC0.00%

Largest institutional holders — last updated 6/30/2026.

Forensic scorecard

Latest ROE of 7.5% is on the low side — the business earns a modest return on shareholder capital.

Cash conversion1.97×

Over 3 years, operating cash flow fully covered reported profit — earnings are backed by real cash.

Net margin trend6.5% → 7.3%

Margin has held broadly steady over the period — stable profitability.

Return on equity7.5%

Latest ROE of 7.5% is on the low side — the business earns a modest return on shareholder capital.

Growth qualityrev -2% · PAT 4%

Profit growth is broadly tracking revenue growth — the earnings trend looks operational rather than one-off.

Computed by MarketChacha from reported figures (SEC XBRL). Education, not a rating or recommendation.

What's expected next

Next quarter

Rev $916.9M · EPS 0.45

Est. earnings growth +18.9%

Next fiscal year

Rev $3.8B · EPS 1.93

Est. earnings growth +15.2%

Analyst consensus estimates — not the company's own guidance.

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P/E ROE ROCE Margins Market cap

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Financials at a glance

Source: SEC XBRL

Annual

Quarterly · last 8

Revenue (FY2025)

$3.4B

Net margin

7.3%

ROE

7.5%

Revenue CAGR (2y)

-1.8%

Profit CAGR (2y)

+3.9%

EPS (FY2025)

0.96

Net profit (FY2025)

$251.4M

Ask MarketChacha about GTES

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Financials

Yearly

Period	Revenue	Net profit	EPS	Net margin	ROE
FY2025	$3.4B	$251.4M	0.96	7.3%	7.5%
FY2024	$3.4B	$194.9M	0.74	5.7%	6.4%
FY2023	$3.6B	$232.9M	0.84	6.5%	7.2%

Quarterly

Period	Revenue	Net profit	EPS	Net margin
2026Q2	$941.6M	$170.9M	0.67	18.1%
2026Q1	$851.1M	$59.7M	0.23	7.0%
2025Q3	$855.7M	$81.6M	0.31	9.5%
2025Q2	$883.7M	$56.5M	0.22	6.4%
2025Q1	$847.6M	$62.0M	0.24	7.3%
2024Q3	$830.7M	$47.6M	0.18	5.7%
2024Q2	$885.5M	$70.7M	0.26	8.0%
2024Q1	$862.6M	$40.0M	0.15	4.6%
2023Q3	$872.9M	$78.7M	0.29	9.0%
2023Q2	$897.7M	$26.4M	0.09	2.9%

Figures as reported, in reporting currency. Source: SEC XBRL.

Filings & announcements

2026

10-Q filing
SEC7/31/2026
8-K — Results of operations, Exhibits
SEC7/31/2026material
8-K — Other events
SEC7/16/2026material
8-K — Shareholder vote results, Reg FD disclosure, Other events, Exhibits
SEC6/25/2026material
8-K — Shareholder vote results
SEC6/10/2026material
8-K — Results of operations, Exhibits
SEC5/1/2026material
10-Q filing
SEC5/1/2026
8-K — Results of operations, Exhibits
SEC2/12/2026material
10-K filing
SEC2/12/2026

2025

8-K — Results of operations, Exhibits
SEC10/29/2025material
10-Q filing
SEC10/29/2025
8-K — Results of operations, Exhibits
SEC7/30/2025material
10-Q filing
SEC7/30/2025

In the news

Education and discussion only — not investment advice. Financials from official filings (SEC/BSE) and reported company statements; market figures (delayed market data) are delayed and shown for reference only. Verify with the linked sources before acting.